The IPO includes 9.6 million shares offered by Circle and 14.4 million by selling shareholders, according to a press release issued on Tuesday. Underwriters have a 30-day option to purchase an additional 3.6 million shares to cover oversubscriptions. Circle states that revenues will depend on the final price, with the offering aiming to raise up to $624 million at the top of the range, excluding the over-allotment option.

JPMorgan, Citigroup, and Goldman Sachs serve as lead bookrunners, supported by Barclays, Deutsche Bank, and Société Générale as additional bookrunners. BNY Capital Markets, Canaccord Genuity, and Santander are among the co-managers. The underwriting syndicate includes over a dozen financial institutions, signaling strong institutional support.